April 26, 2020
Main Street bailout rewards U.S. restaurant chains, firms in rural states
Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after…
Category: Business
April 25, 2020
U.S. bailout watchdog vows to scrutinize share buybacks, dividends
An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will…
April 24, 2020
Retailers, restaurants, hotels get 18% of small business bailout cash: SBA
Retailers, restaurants and hotels — whose low-paid workers are among the hardest hit in the coronavirus pandemic — got a…
April 23, 2020
Norwegian Cruise taps Goldman Sachs to explore stake sale
Norwegian Cruise Line Holdings Ltd (NCLH.N) has hired investment bank Goldman Sachs Group Inc (GS.N) to explore financing options that…
April 22, 2020
U.S. judge puts Amazon challenge to Pentagon JEDI contract on hold
A U.S. judge on Friday put on hold a suit by Amazon.com Inc (AMZN.O) challenging the Pentagon’s decision to award…
April 21, 2020
U.S. airlines sitting on $10 billion owed to consumers for canceled flights, lawmakers say
U.S. airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash…
April 20, 2020
Occidental shareholders get first say on Anadarko deal with vote on Berkshire financing
Occidental Petroleum shareholders next month will get their first say on the oil company’s troubled acquisition of Anadarko Petroleum when…